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7 ways business can be agents for peace

Understanding how a business influences peacebuilding is central to improving it. The PeaceNexus Foundation, with support from Covalence, recently launched a Peacebuilding Business Index, which incorporates broader Environmental, Social and Governance (ESG) indicators, with additional emphasis on how companies address specific challenges in fragile contexts, such as the disrespect for human rights, high levels of corruption, or the lack of public services.The criteria used give companies a yardstick to measure and showcase how their policies and practices can actively contribute to the stabilisation and rehabilitation of conflict-affected areas, going beyond simply “doing no harm”, which previous frameworks such as the UN Guiding Principles on Business and Human Rights have often focused on. More…

Source: World Economic Forum

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